42553, Science Hill, KY

The 42553 zip code of Science Hill, KY has a population of around 4,000 people. The median household income in this zip code is $60,000 which is significantly higher than the national median household income of $53,046. The homeownership rate in this zip code is around 73% which is also significantly higher than the national homeownership rate of 62%. Home prices in this zip code have increased significantly over the past few years and are now much higher than they were just a few years ago.

One reason why home prices in the 42553 zip code of Science Hill, KY have increased so much is because there are a lot of families who are able to afford to buy homes here. The homeownership rate in this zip code is 73% which means that a majority of residents here are able to own their homes. Additionally, there are a lot of families who have been buying homes here for several years now and they have seen their home values increase as a result. This indicates that there is strong demand for homes in the 42553 zip code and that buyers are willing to pay high prices for them.

Another reason why home prices in the 42553 zip code of Science Hill, KY have increased so much is because there has been an influx of new residents into this area over the past few years. This has caused demand for housing to increase and has led to an increase in home prices. In addition, many people who live in this area commute to work outside of town which means that they do not spend as much time living in their local community and as a result their home values tend to be lower than those who live within walking distance from town centers.

Overall, it appears that there are several factors contributing to the high home values in the 42553 zip code of Science Hill, KY including strong demand from buyers and an influx of new residents into the area. It will be interesting to see how these trends continue over time as market conditions can change rapidly here